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Scottish Government report - Testing of The Rent Review System

For agricultural holdings, the Land Reform (Scotland) Act 2016 requires the assessing of a fair, sustainable rent for both landlord and tenant. This Report has researched ways of achieving this in ways that minimise the need for cases to progress to the Land Court. It includes Recommendations on how this can be achieved. Key stakeholders, including Scottish Land & Estates, have been fully involved in this exercise.

David Johnstone, chairman of Scottish Land & Estates, said: “The work undertaken since May to examine the mechanics of a new rent review system for 1991 Act agricultural tenancies is important for the future of the tenanted sector. Savills’ report marks a welcome step forward in establishing a methodology that can deliver fair rents and whilst there is still discussion required in certain key areas, we are optimistic that this can form the basis of a system that is workable on the ground.”

To read the report, visit:-

http://www.gov.scot/Publications/2018/01/5770

 

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